Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Markets Philippine peso steady after GDP data, Asian FX firms on weaker dollar The Philippine peso inched higher on Thursday, keeping those gains after data showed faster-than-forecast economic... Published 26 Jan, 2023 11:33am
Markets Rupee plunges to record low in inter-bank market after nearly 10% fall PKR finishes at 255.43 against the US dollar, a loss of Rs24.54 in a single day Many analysts believed the rupee was due for a 'delayed correction' as Pakistan moved to meet IMF conditions Updated 26 Jan, 2023 07:15pm
Markets Dollar near eight-month low ahead of central bank meetings SINGAPORE: The dollar lolled near an eight-month low against its peers on Thursday, as a gloomy US corporate... Published 26 Jan, 2023 09:14am
Markets Exchange companies set to remove ‘self-imposed price cap’ on open-market dollars Association says it will sell the foreign currency in accordance with demand-supply dynamics Published 24 Jan, 2023 07:46pm
Markets 25th consecutive decline: rupee depreciates against US dollar Currency loses Re0.25 to close at 230.40 in inter-bank market Updated 24 Jan, 2023 06:43pm
Markets 24th successive decline: rupee depreciates against US dollar, settles over 230 Currency loses Re0.48 to close at 230.15 in inter-bank market Updated 23 Jan, 2023 10:01pm
Markets Dollar surges against the yen as nerves fray over economic outlook LONDON: The dollar was heading for its biggest one-day rally against the yen in two weeks on Friday, after the Bank... Published 20 Jan, 2023 06:22pm
Markets 23rd straight fall: rupee depreciates against US dollar, settles near 230 Currency loses Re0.52 to close at 229.67 in inter-bank market Updated 20 Jan, 2023 06:43pm
Markets Dollar slips after weak data while yen ticks up LONDON/SINGAPORE: The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum,... Published 19 Jan, 2023 05:32pm
Markets 22nd consecutive decline: rupee depreciates against US dollar Currency loses Re0.24 to close at 229.15 in the inter-bank market Updated 19 Jan, 2023 06:10pm
Markets Yen sinks after BOJ sticks to ultra-easy policy SINGAPORE: The Japanese yen sank on Wednesday after the Bank of Japan maintained ultra-low interest rates,... Published 18 Jan, 2023 09:52am
Markets 20th straight loss: rupee depreciates against US dollar Currency loses Re0.32 to close at 228.66 in the inter-bank market Updated 17 Jan, 2023 08:08pm
Business & Finance Morgan Stanley cuts year-end dollar forecast Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to be... Published 16 Jan, 2023 06:38pm
Markets 19th successive loss: rupee falls against US dollar Currency loses Re0.19 to close at 228.34 in the inter-bank market Updated 16 Jan, 2023 07:26pm
Markets Dollar jumps to two-week high, euro slides as German inflation eases LONDON: The euro was on track for its biggest one-day drop since September as German inflation eased in December,... Published 03 Jan, 2023 05:41pm
Markets Yen scales seven-month high on BOJ policy shift hopes SINGAPORE: The yen spiked to a seven-month high against the US dollar on Tuesday on rising expectations that the... Updated 03 Jan, 2023 02:46pm
Markets Rupee ends last session of 2022 on a losing note against US dollar Currency closes the year at 226.43 in inter-bank market Updated 30 Dec, 2022 08:50pm
Markets Dollar slips as markets bounce, Japan policy shift talk lifts yen LONDON: The U.S. dollar slipped on Monday as a pick-up in market sentiment drove stocks and riskier currencies... Published 19 Dec, 2022 07:00pm
Markets Yen rises on report of Japan govt move for more flexible inflation target SINGAPORE: The yen climbed on Monday on news that the Japanese government is set to revise a joint statement with... Published 19 Dec, 2022 10:38am
Markets Rupee continues to struggle, settles at 224.70 against US dollar Currency settles with a 0.02% decline in inter-bank market Updated 13 Dec, 2022 06:18pm
Markets Dollar rises as inflation pressures persist; FOMC meeting in focus SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than... Published 12 Dec, 2022 09:40am
Markets Rupee continues to depreciate, settles at 224.37 against US dollar Currency depreciates 0.09% in inter-bank market Updated 08 Dec, 2022 09:17pm
Markets Rupee continues to fall, settles at 223.66 against US dollar Currency has lost Rs2.24 or 1% against the greenback in the last seven trading sessions Updated 21 Nov, 2022 09:28pm
Markets Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could... Published 04 Nov, 2022 09:59am
Opinion Debt rescheduling challenge The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing... Published 31 Oct, 2022 06:23am
Markets Rupee records 3rd successive loss, settles at 222.47 against US dollar Since October 13, the currency has lost Rs4.09 against the US dollar Updated 28 Oct, 2022 08:53pm
Markets Dollar sags as bets build for less hawkish Fed TOKYO: The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness... Published 26 Oct, 2022 10:01am
Markets Oil rises on weaker dollar and supply worry; trade choppy NEW YORK: Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker... Published 26 Oct, 2022 05:52am
Markets Russian rouble firms towards 61 vs dollar on tax payments support MOSCOW: The rouble traded near 61 to the dollar on Friday and strengthened against the euro and yuan, supported by a... Published 21 Oct, 2022 01:59pm